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ReachLocal Loses CEO, Founder

socalTECH

In a huge shift, Zorik Gordon , the CEO and founder of Woodland Hills-based ReachLocal , has resigned, the company said this morning, and the company has launched a search for a new CEO. According to ReachLocal, Gordon has resigned to "pursue other entrepreneurial opportunities". ReachLocal did not say what Gordon intends to do now.

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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

They were started in affiliation with IdeaLab and were the first-round lead in PayPal. Read more: HP Press Release , VentureBeat on P&L Sponsor Todd Bradley , TechCrunch follow-up. Online advertising platform for local businesses; ReachLocal reported over $203 million in revenue for 2009, compared to around $146 million in 2008.

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Santa Barbara: the home of the clicks (and the calls)

Eric Greenspan

The focus of this post is Commission Junction, as we are just about to get started with them. I remember when they started in a building I once thought to lease for my 2nd company Push. These hits translate into conversions or sales for the advertiser and a commission is paid to the affiliate with CJ taking a piece of the pie.

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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

Many of the Valley tech firms saw advertising as “beneath them&# and many VCs in the first boom encouraged people to focus on eyeballs rather than dollars. I talked to one startup CEO who told me, “you have young engineers who want to make $200,000 or more to work for me. eBay and others. You just don’t. Get over it.